"David Copperfield, the world's greatest illusionist, has been put to shame by world policymakers. Wielding their magic wand of the zero interest policy, they make the cost and implications of a massive sovereign debt load seem to disappear, just like Mr Copperfield vanishes cars and other impossibly large stage props. The unfortunate reality—particularly in the policymakers' case—is that just like Mr Copperfield's cars, the debt piles don't actually disappear."
